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Thread: Rod's Account Talk

  1. #1729

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    Default Re: Rod's Account Talk

    Quote Originally Posted by LTJPFED View Post
    Rod not sure if you checked out this mornings video but probably good to do. He will be posting some more information regarding his theory on Sunday night as well. Honestly I'm excited about the possibilities of that pull back. Now just have to move some funds in my personal equities account. He helped me get some good earning the last couple weeks in my TD account. I like this guy and think he has some good insight.
    You motivated me to finally watch a Kendall Report video. Thanks. That last part about the bond market lines up perfectly with a commentary yesterday by Michael Gayed. He thinks the bond market is about to "crash", followed by a big stock market drop. I wouldn't dismiss what he's thinking since he called the March low and the subsequent huge rally perfectly.

    https://seekingalpha.com/author/mich...gular_articles

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  3. #1730

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    Arrow Re: Rod's Account Talk

    Aside from what we are discussing here, I would not allow FOMO to get me and chase after Mr. Market. It might be tempting to do that today, especially after its knee-jerk reaction to the Jobs Report stunner. Remember, we are now up +40% from the lows. A consolidation is due. Therefore, be very careful.
    "Treat your wife with honor, respect, and understanding as you live together so that you can pray effectively as husband and wife." 1 Peter 3:7

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  5. #1731

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    Default Re: Rod's Account Talk

    Quote Originally Posted by Rod View Post
    Aside from what we are discussing here, I would not allow FOMO to get me and chase after Mr. Market. It might be tempting to do that today, especially after its knee-jerk reaction to the Jobs Report stunner. Remember, we are now up +40% from the lows. A consolidation is due. Therefore, be very careful.
    Rod, wasn't what we went through actually a consolidation?

    Personally, I think the market was overheated before The Black Death of 2020, but who knows. What I do know is that this market has added risk - and thus opportunity - to my current allocation. I am going to be about 5% or 6% more out of G/F than when I moved in. Gotta take a peek at that.
    Lookin' up at the 'G Fund'!!!

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  7. #1732

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    Arrow Re: Rod's Account Talk

    Quote Originally Posted by Boghie View Post
    Rod, wasn't what we went through actually a consolidation?
    Brain fart... wrong term.

    Clarification...

    A correction of at least 10% is due. That's just my opinion, though. I'm sure Mr. Kendall (from The Kendall Report) is expecting a steeper decline. He'll get into that on Sunday.
    "Treat your wife with honor, respect, and understanding as you live together so that you can pray effectively as husband and wife." 1 Peter 3:7

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  9. #1733

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    Default Re: Rod's Account Talk

    Quote Originally Posted by Rod View Post
    Brain fart... wrong term.

    Clarification...

    A correction of at least 10% is due. That's just my opinion, though. I'm sure Mr. Kendall (from The Kendall Report) is expecting a steeper decline. He'll get into that on Sunday.
    I'll give him a watch.

    I'm not being picky about terms or whatever. I just think that Mr. Market has already corrected. It was waiting for a dumb excuse to wash the speculators out of the system. Remember, for about 1 day oil was actually trading at -$14/barrel. That means, the oil traders gave you $14 bucks to take it off their hands. This was a washout panic. You get awesome rebounds after panic sales.

    Question is: When is the market frothy again? And, is that froth tradable?
    Lookin' up at the 'G Fund'!!!

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  11. #1734

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    Arrow Re: Rod's Account Talk

    Quote Originally Posted by Boghie View Post
    I just think that Mr. Market has already corrected.
    I'm simply expecting some selling after this +40% rally, and believe it will lead to a 10% or greater decline.

    "You may be right
    I may be crazy
    But it just may be a lunatic you're looking for"

    "Treat your wife with honor, respect, and understanding as you live together so that you can pray effectively as husband and wife." 1 Peter 3:7

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  13. #1735

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    Default Re: Rod's Account Talk

    What will happen after 1500?

    Fade into the close?

    Push into the close?

    Place your bets...
    "Treat your wife with honor, respect, and understanding as you live together so that you can pray effectively as husband and wife." 1 Peter 3:7

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  15. #1736

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    Default Re: Rod's Account Talk

    Slide into just above 27,000 for the Dow

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  17. #1737

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    Default Re: Rod's Account Talk

    Quote Originally Posted by Rod View Post
    What will happen after 1500?

    Fade into the close?

    Push into the close?

    Place your bets...
    If it frowns, I will run...
    If it smirks, I will watch it Monday...
    If it smiles, I will enjoy a nice weekend...

    Late Moves, Smart Moves

    EDIT: I think it will smirk. We have recovered from the panic, now the market will behave normally. That is my guess.
    Lookin' up at the 'G Fund'!!!


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  19. #1738

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    Arrow Re: Rod's Account Talk

    I think it will fade...

    Dow: Below 27,000

    S&P: Below 3,170

    Naz: Below 9,800

    Then again, what do I know?
    "Treat your wife with honor, respect, and understanding as you live together so that you can pray effectively as husband and wife." 1 Peter 3:7

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  21. #1739

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    Default Re: Rod's Account Talk

    We have just been JINXED!mousesad.gif



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  23. #1740

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    Default Re: Rod's Account Talk

    Quote Originally Posted by nnuut View Post
    We have just been JINXED!mousesad.gif
    Still have 45 min to go...
    "Treat your wife with honor, respect, and understanding as you live together so that you can pray effectively as husband and wife." 1 Peter 3:7

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